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Artificial intelligence: Trends, obstacles, and potential wins

Originally Published:

May 2018

More and more organizations are finding ways to use artificial intelligence to power their digital transformation efforts. This ebook looks at the potential benefits and risks of AI technologies, as well as their impact on business, culture, the economy, and the employment landscape.

From the ebook:

The actual impact of artificial intelligence (AI) on the world’s economy and jobs will likely be somewhere between the utopian and dystopian futures that it is often discussed in terms of, according to a report from the Economist Intelligence Unit.

The report, commissioned by Google, examined how AI will impact certain industries in the US, the UK, Australia, Japan, and Asia as a whole. The findings are based on econometric modelling, desk research, and interviews with academic and industry experts.

Firms developing and using machine learning need to better communicate among themselves as well as with the public and policymakers, the report said. This means doing more to manage expectations around the impact of machine learning, acknowledging the potential risks and rewards, improving trust and transparency, and educating the public.

“The debate over the impact of machine learning, and artificial intelligence, is an important one and like all important debates, it needs to be reasonable and informed,” said Chris Clague, editor of the report, in a press release. “Our objective with this report is to help with that cause by charting a path between the techno-utopians who believe these technologies will solve all the world’s problems and the pessimists who warn that they are dooming us to a jobless, dystopian future.”

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